2009 Session

Budget Amendments - HB1600 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: May
Shift in Operating/Capital Split for Transit (language only)

Item 449 #1h

Item 449 #1h

Rail and Public Transportation, Department of

Page 486, after line 18, insert:
"F. Notwithstanding § 58.1-638, Code of Virginia,or any other provisions of law, the department  is authorized to increase the share of revenues from the Commonwealth Mass Transit Fund dedicated to operating assistance from 73.5 percent to 81.06 percent in the first year and to 82.12 percent in the second year."

(This amendment increases the share of the Mass Transit Operating Assistance from the Commonwealth Mass Transit Fund to 81.06% in fiscal year 2009 and 82.12 percent in fiscal year 2010 and decreases the share for Mass Transit Capital Assistance to 17.44 percent in fiscal year 2009 and 16.38 percent in fiscal year 2010. Currently, operating assistance is 73.5 percent and capital assistance is 25 percent of the revenues in the Commonwealth Mass Transit Fund. This shift does not change the amounts appropriated for mass transit.)